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BOSNIA MOST LIKELY TO DELAY IMPLEMENTING FREE TRADE AGREEMENT

MOSTAR, Dec 21 (Hina) - The Chairman of the Council of Ministers of Bosnia-Herzegovina, Adnan Terzic, said on Sunday his country would most probably delay implementing a free trade agreement with Croatia, Serbia and Montenegro that was due to go into force on January 1, 2004.
MOSTAR, Dec 21 (Hina) - The Chairman of the Council of Ministers of Bosnia-Herzegovina, Adnan Terzic, said on Sunday his country would most probably delay implementing a free trade agreement with Croatia, Serbia and Montenegro that was due to go into force on January 1, 2004.#L# Such a decision might be adopted because of negative effects the agreement might have on agricultural and food producers in Bosnia-Herzegovina. At a meeting in Sarajevo on Sunday, Terzic supported demands by Bosnian farmers for the introduction of a duty-free regime to be delayed, despite his earlier claims that there would be no delay because it would stop Bosnia-Herzegovina from joining the World Trade Organisation. Farmers in turn promised Terzic they would scrap their plan to stage massive protest rallies and block border crossings before the New Year. The two sides agreed to set up a commission consisting of agricultural producers and government representatives to formulate amendments to the Law on Customs Tariffs to protect domestic agricultural production. (Hina) vm

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